Globalizing the Business Through Overseas Franchising
First written in FY2016. 33 of 44 entries say "Advanced", first in FY2017-Q1. Latest entry: 2026-10-30.
The whole theme swung hardest in 2024: 1 of 8 companies on the "Worse" side.
0 other companies' latest entry also says "Cited as achieved".
- FY2026AdvancedAnnual report
「Through this acquisition of shares, the Company aims to support the further growth of the target company and its brand by leveraging the Company’s business expertise and supplier network, while strengthening the foundation of the Group’s overseas business and enhancing corporate value.」
As a subsequent event, on 2 April 2026 the Company acquired all shares of Australia’s Food Odyssey Pty. Ltd., making it a wholly owned subsidiary. By bringing in the Australian “Sushi Sushi” brand, which operates approximately 180 stores, the Company advanced to the stage of strengthening its platform for expansion into Australia, New Zealand, the Middle East and Europe. - FY2026-H1AdvancedAnnual report
「Regarding the Global Business, the Company is strengthening its franchise business and expanding new businesses. In a new franchise region, the first store in Vietnam, “Genki Sushi Saigon Centre,” was opened in June 2025.」
The first store in Vietnam was opened in June 2025 as part of the expansion into a new franchise region. The number of stores generating royalty income was 231, and the total number of overseas stores, including the 11 U.S. subsidiary stores, was 242. - FY2025AdvancedAnnual report
「Regarding the Global Business, in addition to opening Thailand’s first store, a franchise store, in October 2024, the Company visited overseas stores to strengthen the profitability of franchise stores, actively provided on-site operational support and proposed products suited to local needs, and conducted market research for expansion into new areas. Regarding store expansion, 10 stores were opened and 9 stores were closed among overseas stores generating royalty income, bringing their number to 229. As for the U.S. subsidiary, 2 stores were closed, bringing its total to 11. The total number of overseas stores, including franchise and directly operated stores, was 240.」
The first franchise store in Thailand opened, bringing the number of overseas stores generating royalty income to 229, the number of U.S. subsidiary stores to 11 and the total number of overseas stores to 240. The overseas business was reorganized as a Global Business encompassing the dissemination of Japanese food culture, entry into new regions and responses to local needs. - FY2025-H1AdvancedAnnual report
「Regarding store expansion, 6 stores were opened and 5 stores were closed among overseas stores generating royalty income, bringing their number to 230. Including the 12 stores operated by the U.S. subsidiary, the total number of overseas stores was 242.」
Overseas, 6 stores were opened and 5 stores were closed, bringing the number of stores generating royalty income to 230 and the total number of overseas stores, including the U.S. subsidiary, to 242. The segment name was changed from “Overseas Business” to “Global Business.” - FY2024AdvancedAnnual report
「Regarding store expansion, 22 stores were opened and 12 stores were closed among overseas stores generating royalty income, bringing their number to 228. Including the 13 stores operated by overseas subsidiaries, the total number of overseas stores was 241.」
The number of overseas stores generating royalty income was 228, while the total number of overseas stores, including those operated by overseas subsidiaries, was 241. The Company indicated plans to open stores in Thailand and Vietnam and consider expansion into new regions, including the continental United States and the Global South. - FY2024-Q3AdvancedAnnual report
「Regarding store expansion, 17 stores were opened and 10 stores were closed among overseas stores generating royalty income, bringing their number to 225. Including the 13 stores operated by overseas subsidiaries, the total number of overseas stores was 238.」
The number of overseas stores generating royalty income reached 225 after 17 stores were opened and 10 stores were closed. Including the 13 stores operated by overseas subsidiaries, the total number of overseas stores was 238. - FY2024-Q2AdvancedAnnual report
「Regarding overseas subsidiaries, in July 2023 the Company entered into a franchise agreement with 株式会社麺庄 for a ramen business in Hawaii, United States. The Company is also jointly preparing to open “MENSHO Honolulu” (tentative name), the first store in Hawaii, scheduled to open in 2024. Regarding store expansion, 9 stores were opened and 6 stores were closed, bringing the total number of overseas stores to 234.」
Overseas, 9 stores were opened and 6 stores were closed, bringing the total number of stores to 234. A franchise agreement for a ramen business in Hawaii was also signed, and preparations continued jointly for a store scheduled to open in 2024. - FY2024-Q1AdvancedAnnual report
「Regarding store expansion, 4 stores were opened and 3 stores were closed, bringing the total number of overseas stores to 232.」
Overseas, 4 stores were opened and 3 stores were closed, bringing the total number of overseas stores to 232. Stores were added toward an overseas network of 250 stores. - FY2023-Q3AdvancedAnnual report
「Regarding store expansion, 20 stores were opened and 4 stores were closed, bringing the total number of overseas stores to 230.」
Overseas, 20 stores were opened and 4 stores were closed, bringing the total number of overseas stores from 220 in the previous quarter to 230, adding stores toward an overseas network of 250 stores. - FY2023-Q2AdvancedAnnual report
「Regarding store expansion, 9 stores were opened and 3 stores were closed, bringing the total number of overseas stores to 220.」
Overseas, 9 stores were opened and 3 stores were closed, bringing the total number of overseas stores from 214 at the end of the previous fiscal year to 220, adding stores toward an overseas network of 250 stores. - FY2023-Q1Overseas store count unchangedAnnual report
「Regarding store expansion, 1 store was opened and 1 store was closed, leaving the total number of overseas stores at 214.」
Overseas, 1 store was opened and 1 store was closed, leaving the total number of stores at 214, unchanged from the end of the previous fiscal year. No new progress in store numbers toward an overseas network of 250 stores was indicated. - FY2022AdvancedAnnual report
「Regarding overseas store expansion, 27 stores were opened and 5 stores were closed, bringing the total number of stores to 214.」
Overseas, 27 stores were opened and 5 stores were closed, bringing the total number of overseas stores to 214. Consideration of expansion into the continental United States and development of new areas were also incorporated into the medium-term plan. - FY2022-Q3AdvancedAnnual report
「Regarding overseas store expansion, 23 stores were opened and 5 stores were closed, bringing the total number of stores to 210.」
Toward an overseas network of 250 stores, 23 stores were opened and 5 stores were closed, bringing the total number of overseas stores to 210. - FY2022-Q2AdvancedAnnual report
「Regarding store expansion, 15 stores were opened and 2 stores were closed, bringing the total number of overseas stores to 204.」
Overseas, 15 stores were opened and 2 stores were closed, bringing the total number of overseas stores to 204. Store expansion continued toward an overseas network of 250 stores. - FY2022-Q1AdvancedAnnual report
「Regarding store expansion, 8 stores were opened and 1 store was closed, bringing the total number of overseas stores to 199.」
Toward an overseas network of 250 stores, 8 stores were opened and 1 store was closed, bringing the total number of overseas stores to 199. - FY2021-Q3Increase in overseas storesAnnual report
「Regarding store expansion, 8 stores were opened and 12 stores were closed, bringing the total number of overseas stores to 194.」
Overseas, 8 stores were opened and 12 stores were closed, bringing the total number of overseas stores from 192 at the end of the previous quarter to 194. - FY2021-Q2Overseas store count unchangedAnnual report
「Regarding store expansion, 3 stores were opened and 9 stores were closed, bringing the total number of overseas stores to 192.」
Overseas, 3 stores were opened and 9 stores were closed, leaving the total number of overseas stores unchanged at 192 from the end of the previous quarter. - FY2021-Q1Decline in Overseas Store CountAnnual report
「Regarding store expansion, 1 store was opened and 7 stores were closed, bringing the total number of overseas stores to 192.」
Overseas, 1 store was opened and 7 stores were closed, bringing the total number of overseas stores to 192. This quarterly report contains no indication of a change to the target of an overseas network of 250 stores. - FY2020AdvancedAnnual report
「Regarding store expansion, franchisees opened 6 stores in Hong Kong, 8 in Indonesia, 3 in Singapore, 2 in the Philippines and 1 in Malaysia, while closing 7 stores in Hong Kong, 5 in China, 2 in Kuwait, 1 in Thailand and 1 in Indonesia, bringing the total number of overseas stores to 198. As in the domestic business, the overseas business is expanding its “non-conveyor-belt sushi” store format, which now accounts for 100 stores, or half of the total.」
The number of overseas stores reached 198, including 100 “non-conveyor-belt sushi” stores. Expansion is continuing toward an overseas network of 250 stores. - FY2020-Q3AdvancedAnnual report
「As part of the store expansion, franchisees opened 5 stores in Hong Kong, 6 in Indonesia, 2 in Singapore and 2 in the Philippines, while closing 4 stores in Hong Kong, 5 in China, 1 in Thailand and 1 in Indonesia, bringing the total number of overseas stores to 198. As in Japan, we continued rolling out “non-conveyor sushi” stores overseas, with 96 such stores, representing approximately 40% of the total.」
Fifteen stores were opened and 11 stores were closed overseas, bringing the total number of overseas stores to 198. The number of “non-conveyor sushi” stores overseas was 96. - FY2020-Q2AdvancedAnnual report
「As part of the store expansion, franchisees opened 4 stores in Hong Kong, 5 in Indonesia, 1 in Singapore and 1 in the Philippines, while closing 2 stores in Hong Kong, 4 in China, 1 in Thailand and 1 in Indonesia, bringing the total number of overseas stores to 197. As in Japan, we continued rolling out “non-conveyor sushi” stores overseas, with 93 such stores, representing approximately 40% of the total.」
Eleven stores were opened and 8 stores were closed overseas, bringing the total number of overseas stores to 197. The number of “non-conveyor sushi” stores overseas was 93. - FY2020-Q1AdvancedAnnual report
「As part of the store expansion, franchisees opened 2 stores in Hong Kong and 1 in Singapore, while closing 2 stores in China, 1 in Thailand and 1 in Indonesia, bringing the total number of overseas stores to 193. As in Japan, we continued rolling out “non-conveyor sushi” stores overseas, with 82 such stores, representing approximately 40% of the total.」
Overseas franchisees opened and closed stores, bringing the total number of overseas stores to 193. “Non-conveyor sushi” stores were also rolled out overseas, reaching 82 stores. - FY2019-Q3AdvancedAnnual report
「As part of the store expansion, stores were opened in Hong Kong (5), China (7), Indonesia (4), Kuwait (1), the Philippines (1), Cambodia (1), Myanmar (1), Singapore (1) and Malaysia (1). Stores were also closed in the United States (1), China (2) and Australia (1), bringing the total number of stores to 194.」
Stores were opened and closed across multiple overseas regions, bringing the total number of stores, including overseas stores, to 194. - FY2019-Q2AdvancedAnnual report
「In the overseas business, we conducted active on-site visits and exchanged information with franchisees to maintain good relationships and promote new store openings. We also promoted the systems and technology used in our latest domestic stores worldwide, actively dispatched personnel to provide guidance to maintain QSC standards equivalent to those in Japan, introduced seasonal menus and worked to increase food ingredient sales. As part of the store expansion, franchisees opened 4 stores in Hong Kong, 4 in China, 1 in Indonesia, 1 in the Philippines, 1 in Cambodia, 1 in Myanmar and 1 in Singapore. They also closed 1 store in the United States and 1 in China, bringing the total number of stores to 187.」
Support for overseas franchisees continued, with a total of 13 stores opened in Hong Kong, China and elsewhere and 2 stores closed. The total number of stores, including overseas stores, was 187. - FY2019-Q1AdvancedAnnual report
「As part of the store expansion, 1 store was opened in Hong Kong, 3 in China, 1 in Indonesia and 1 in Cambodia, while 1 store in the United States was closed, bringing the total number of stores to 181.」
Six stores were opened and 1 store was closed overseas, bringing the total number of stores, including overseas stores, to 181. - FY2018AdvancedAnnual report
「Our overseas business operates sushi restaurants through wholly owned subsidiaries and franchise arrangements. As of the end of March 2018, it had 176 stores, and the medium-term plan set a target of 250 overseas stores by the fiscal year ending March 2019.」
The overseas network operated through wholly owned subsidiaries and franchise arrangements comprised 176 stores, with expansion continuing toward the target of 250 overseas stores by the fiscal year ending March 2019. - FY2018-Q3AdvancedAnnual report
「As part of the store expansion, stores were opened in the United States (1), Singapore (1), Hong Kong (6), China (7), Indonesia (6), the Philippines (2) and Australia (1). Stores were also closed in the United States (1), Hong Kong (5) and China (2), bringing the total number of stores to 175.」
Stores were opened and closed across multiple overseas regions, bringing the total number of overseas stores to 175. Expansion continued toward the target of 250 overseas stores. - FY2018-Q2AdvancedAnnual report
「Our overseas business operates sushi restaurants through wholly owned subsidiaries and franchise arrangements. As of the end of September 2017, it had 167 stores, and the medium-term plan set a target of 250 overseas stores by the fiscal year ending March 2019.」
The overseas network operated through wholly owned subsidiaries and franchise arrangements comprised 167 stores, with expansion continuing toward the target of 250 overseas stores by the fiscal year ending March 2019. - FY2018-Q1AdvancedAnnual report
「As part of the store expansion, franchisees opened 3 stores in Hong Kong, 2 in China, 2 in Indonesia, 1 in the Philippines and 1 in Australia. They also closed 2 stores in Hong Kong, bringing the total number of stores to 165.」
Franchisees opened 9 stores and closed 2 stores. The total number of overseas stores was 165, and store expansion continued toward the target of 250 overseas stores. - FY2017RaisedAnnual report
「Through our wholly owned subsidiary in Hawaii, United States, we will seek to consolidate the Hawaii market. In Singapore, which became a subsidiary during the fiscal year, we will strengthen our management and support structure so that it can serve as a base for promoting the franchise business, and achieve steady growth toward an overseas network of 250 stores.」
In addition to overseas franchise expansion, the company set out the consolidation of the Hawaii market, utilization of its Singapore base and a 250-store overseas network, thereby specifying the scope and numerical targets of its overseas expansion. - FY2017-Q3AdvancedAnnual report
「As stated in the 21 November 2016 notice regarding the acquisition of shares in Genki Sushi Singapore Pte. Ltd. and its conversion into a subsidiary, we acquired all shares of the company, which had previously been one of our franchisees, and made it a consolidated subsidiary effective 19 December 2016.」
All shares of the existing franchisee Genki Sushi Singapore Pte. Ltd. were acquired, completing its conversion into a consolidated subsidiary. The company’s approach to overseas business expansion became more specific. - FY2017-Q3AdvancedAnnual report
「As part of the store expansion, a subsidiary opened 1 store in the United States, while franchisees opened 8 stores in China, 1 in Kuwait, 4 in Indonesia, 1 in the Philippines and 1 in Cambodia. In addition, a subsidiary closed 2 stores in the United States, while franchisees closed 2 stores in Hong Kong and 3 in China, bringing the total number of stores to 156. The subsidiary also renovated 3 stores in the United States.」
Subsidiaries and franchisees opened a total of 16 stores and closed 7 stores. Three stores were renovated, bringing the total number of overseas stores to 156. - FY2017-Q2AdvancedAnnual report
「As part of the store expansion, 1 store was opened by a subsidiary, while franchisees opened 5 stores in China, 1 in Kuwait and 1 in Indonesia. In addition, 1 subsidiary store, 2 stores in Hong Kong and 1 store in China were closed, bringing the total number of stores to 151.」
Subsidiaries and franchisees opened a total of 8 stores and closed 5 stores. The total number of stores was 151. - FY2017-Q1AdvancedAnnual report
「As part of the store expansion, 1 store was opened in Kuwait by a franchisee, while a total of 3 stores, comprising 1 subsidiary store, 1 store in Hong Kong and 1 store in China, were closed, bringing the total number of stores to 145.」
An overseas franchisee opened 1 store in Kuwait. Meanwhile, a total of 3 stores were closed in the subsidiary, Hong Kong and China, bringing the total number of overseas stores to 145. - FY2016First statedAnnual report
「In the overseas business, we pursued globalization by signing new franchise agreements in the United Kingdom, Australia and Cambodia, among other initiatives.」
The company described expansion into overseas regions through new agreements in the United Kingdom, Australia and Cambodia. The overseas business comprised 147 stores and agreements with 9 companies in 10 countries and regions.